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20121201
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into law a right to work bill. lawmakers passed it today despite thousands of union workers who came to protest. we have the late ev. good evening ron. this one got pretty rowdy didn't it? >> it did indeed. but because there were two arrests as we are told. two people tried to storm into the governor's office building across the street. police were happy with how folks hafed themselves today. probably 10,000 probably a smaller group than we saw in wisconsin last year when that issue blew up in neighboring wisconsin. today i spoke to the governor who said this is not about the charges coming from the leadership. he said this is about fairness and giving workers the right to choose whether they so choose or refrain from joining a june on. here is the governor talking about this issue. >> shouldn't the juunions be putting this out and should bt the workers make the decision? so that is why i view this as pro worker and not anti-union. they are upset about how this was pushed through. a lame duck section. democrats won ten extra seats and they felt that the culture in january would be di
of the biggest unions larry. he said in western europe, they may have higher unemployment but they have less inequality. this is what the agenda is all about. in a practical way, suppose you have a successful person. he or she want to build a house. to do that you might hire 15, 20, 25 people. you got a whole army of people who would go to work. but if you get taxed, you might not guy that house. and you won't build. that is the kind of logic i'm not hearing. dow think they get that? >> they don't. i saw lincoln. remember during the debate in 2008 charlie gibson asked the then president obama why raise capital gains? he said it is about social justice and fairness. it doesn't matter that it doesn't work. what counts to these people is class and attacking this rich guy and this poor person who doesn't have much money. but the guy is on the margin of poverty. would love to go to work as a landscaper in this hypothetical home that i am describing. the guy on the margin, they would love to work like that. so, there is a connection there and i don't see why washington our friends on the democrati
it be michigan which used to call itself the worker's paradise union state is now moving towards new anti-union right-to-work legislation and it looks like it's going to pass? but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama and democrats stake their claim on the middle class. and my tax rate flexibility with higher -- here's what the president said earlier today. >> i'm not going to sign any package that somehow prevent prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> we look back republican senator rand paul from the state of kentucky. senator paul, welcome, as always. i want to
a government agency for huge pro-union favoritism. congressman darrell issa will join us later on. and stocks are having a fine year. we'll take a look at how it may continue. >>> but first up, the questions and grieving continue in newtown, connecticut, tonight. police say it will be months before their investigation is finished. today, the first two victims from the massacre were laid to rest. nbc's jay gray joins us now from newtown, connecticut, with the latest. good evening, jay. >> reporter: good evening to you, larry. it seems like it just gets more difficult every day here in newtown. you talked about it. two of the young victims laid to rest today. 6-year-old first graders joined by their friends, classmates and families from this community, all struggling to get through this today. and when you stop and think they have to do this 18 more times for children and then the six adults, the teachers and the staff members who gave up their lives trying to protect the children inside that school, it's the beginning of what's going to be just a heart-wrenching process for this community. and
's cliff. that's not the only outrage coming from the unions this week. we are going to discuss that next. free market capitalism, best path to prosperity. this is something they learned the hard day the american people are tired of the status quo. >> who are you going to vote for? >> definitely not this guy. >> you know your money got him elected last time. >> i didn't give that guy a dime. >> yeah, you did. our union gave him a big chunk of your dues money. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. breaking news now from the asian markets. japan's nikkei rising to
capital yesterday, and it's not over. why are these unions so angry about giving workers free choice? why is so much of the news media carrying the union's water by not reporting the story? we'll have some answers in just a little while. now, the market gyrated today over ben bernanke and the fed. at first they loved the new bond buying and money printing message. but then they gave up all their gains feeling unemployment may drop faster and the party would somehow be over. i'm not sure i understand this but we'll ask our experts mike, i gue i guess the idea is maybe the unemployment gets to 6.5% and the 0 interest rate goes up, why would that be bad? sometimes i don't understand the stock market at all. >> i don't think it's the employment figure. i think it's the inflation number that bernanke threw out there, larry. you also mentioned 2.5% inflation as being certainly that would look him put the brakes on. we look at treasuries relative to tips, it's a at 3.08%. i think the market is saying we might be where bernanke is talking about inflation and putting on the brakes. i think that's
are the unions here. >> he has had a lot of them across the board. >> karen is right. they have had a lot of problems. see, brian, you hear what they are saying, what this is, is very high brow, distinguished rigamarol. and knowledgeable as well. don't get me wrong. we have the best of the best here. but i could see the feds easing, europe is easing. i can see maybe profits are going to come in better. maybe we had great housing coming in today. when they are doing this toe dance, how can the market make sense of that. >> we have had the debt crisis to train us how to deal with this? you start ignoring what the politicians had to say. and that is really now traders look at it. >> i'm here to tell you, one for one doesn't work. this is going to be his biggest challenge. the racing ising of the top chae is it. republicans aren't going to like that. and the grass roots aren't going to like that. and the only people that are going to like it are the liberals and the unions. >> but this is a big problem on spending and i think that is where the president will see the deal fall apart. they are
's failures. >> is this the usual stuff that the government unions pay themselves too much, their pensions are too big, their health benefits are too big and therefore they're bankrupting the city? is that the principal cause here? >> that's a major part of it. this is the culture that's been going on for 50, 60 years in detroit. you've got the big unions there that are just taking their cut of it, keep wrachratcheting it more, but you also have a culture of ineptitude in detroit. right now you have kwame kilpatrick on trial for corruption. you have monica conyers, wife of john conyers, the congressman, who is ready to get out of jail in a couple weeks for her corruption charges. this is what detroit is about. ineptitude, corruption, and big union thuggery. maybe that's redundant. >> where is mayor dave bing on this? i thought he was going to be here. i know governor snyder has tried to essentially take over detroit, but i don't think he succeeded. so where is bing on this? >> dave bing has come out and said yeah, people have an entitlement mentality. the workers in the city of detroit, he
're really talking about giving you the right to work for less money. >> obviously a pro union crowd there. a lot of folks from the uaw there in detroit. but the president continuing the campaign-style effort. seems to be paying political dividends at least for now by rallying public opinion on his side on the fiscal cliff. the republicans, now that the election is over don't have a single figure who can go out to do the same thing. it gives the advantage to the president in terms of the bully pulpit. we'll see how negotiations turn out in the end. >> eamon, thank you very much. as always. despite president obama's objections and protests michigan will become the 24th right to work state. that may happen tomorrow. our next guest has a sample. please stop lecturing others and get your own job done. joining us is chase bolger, michigan speaker of the house. what is president obama doing? he did this in wisconsin and got whooped. is he going to get whooped here? >> good evening, larry. he did come, weighed in and he disagrees with us. that's okay. we disagree with him. >> what's wrong with a
personal life or are supposed to. >> those unions don't want it. we saw the clip when this story first came up that gal on the city council said detroit delivered for barack obama in the election, he should now bring home the bacon for detroit. the unions don't want it. the media don't want it. i'm not sure if dave bing who was a great basketball player, maybe not such a hot mayor. this thing has to go under a financial control board, doc. you know that. they're incapable of governing themselves in detroit. >> the problem is, in michigan we just had a referendum on a pretty strong emergency manager law we had in place. we go back to the old one now. and it's weaker. and the one thing that it won't be able to do is renegotiate those government worker contracts. which is what we need. >> then maybe governor snyder's got to be tougher. maybe he's got to come in with executive powers, doc. i don't know the state constitution. just saying it's very clear first of all detroit may be the largest bankruptcy in the country that. may be right on its way. second of all they are not going to be bailed
averted for the time being. the so-called container cliff. the union that represents dock workers and u.s. maritime lines came to an agreement today to extend their current contract for 30 days. this is a big relief now for the retail industry and consumers who were staring at real destruction again for the supply chain. here now is jonathan gold and he's vice president of supply chain and customs policy for the national retail federation. jonathan, good to see you. >> michelle, thanks for having me tonight. >> how dramatic, how bad would it have been if come next year, in other words, in just a few days we had a strike on all of the ports on the east coast of america? >> it would have been fairly significant if we would had a shutdown on all of the ports from the east to texas and it would affect importing, exporting, manufacturers who rely on inputs to production, farmers who are trying to get their products to market overseas, trucking companies who sold jobs to pick up containers at the ports this would have been felt fairly wide throughout the u.s. economy. >> can you put a number
, can you really count on it at this point? the union's got a pretty sweet deal, no? >> it definitely get another deal and they are very upset about it because they thought that was the letter of the law. and you can't go back and relitigate things and the people at general motors will say, listen, what's done is done. we didn't come in there and say the senior bond holders, they don't get as nice of a deal as somebody else. there are people, though, who are still upset about it. no doubt. >> phil has mentioned -- it's not like gm is out of the wood. do you expect this to be a vibrant, very successful company with great frocked? >> i think the u.s. market is starting to look more like europe in terms of how market share is -- before they were big pieces and now everybody is more equally divided. >> maybe it's not just about the u.s. they make a lot of money other places, right, phil? >> they do. china. china is huge for them and southeast asia. they're growing around the world. doesn't mean clear sailing. but it's a much healthier company than it was when it went into bankruptcy. >> m
important the democrats to say let's unionize you and buy this message. until we -- let me finish. let me just finish -- >> i want to win 40% of them. the conversation about free markets and work and entrepreneurship is terrific. don't go on welfare, don't be dependent on government, go to work. >> but that's not what we're seeing. look at the data. you won't get 40% if they buy this idea of collectivism and socialism and this community of people polled very high for collectivism and socialism. >> i don't buy that. >> the data is clear. it's similar to what has happened in black communities. just a few percentages behind. >> i think we can't even have conservatives cannot even begin a conversation with immigrants until conservatives quit the deportation law and order harshness. then i think having put that aside, having shown there's some compassion i think you can go back to that group, george w. bush got 40%, jeb bush got close to 50%, governor perry gets a high amount. it can to be done, star. >> i'm not saying it can't to be done but you can't say that even under george bush the polic
. >> and he had a chance to sign letters of protest to the european union regarding hezbollah, the terrorist group, and he refused to do so. >> i want to go back to the sitting on the deutsche bank americas advisory board. there's the problem, larry. there's something new that will come up. these matters that you point to are consistent and known. what's unknown right now is the justice department's interest in deutsche bank, america's advisory board, and money laundering with iran. that's fresh, and that could be a problem in the weeks ahead. that's why they're saying uncertain at this time. >> and hagel was on that advisory board, john? not just part of the bank, but on that advisory board? >> participating in that advisory board, and that's fresh information. this is all moving very fast, because the senate staffing and the vetting process at the white house are now turning to chuck hagel. that's significant. but it is not -- it also determines that there are questions to be answered. i talked to washington within this last hour, larry, and again, uncertain is the word that came up severa
the union and fiscal reforms he had that were so controversial. >> exactly. and many people, larry, who wound up voting for barack obama and helped the obama/biden ticket carry the badger state even with the native son on their republican ticket, nonetheless voted for scott walker in that recall election. because they liked what he was doing. very simply, it's making some state employees pay a little bit more for their pension and health care packages, not as much as in the private sector, but a little more, and that way turned a $3.6 million deficit into a $500,000 reserve. reserve being the surplus and the rainy day fund for wisconsin. >> and hold back collective bargaining and made co-pays for pensions and co-pays for health care and stopped the free lunch that was going on in wisconsin. you know, john, i think you're looking at presidential timber. i really think scott walker has to be in that conversation. i know it's very early, but i think he has to be in that conversation. >> well, my friend scott becker who is a republican political consultant in madison said when i was through
survive thanks to the ecb, but you're not going to get that economy to thrive, and the fiscal union ask those are very slow going and though they may be moving quickly by european standards and i've been given the magnitude of the problem going very slowly. >> how should people be thinking about this? the average american, and they've been hearing about it for so long and they're not sure it will affect their pocketbook. do you think they will? >> and there's this incredible chance that greece will leave and the dominos will begin to fall. i think that's unluikely to happen as long as the ecb is willing to support that currency, but will it thrive? will those economies boom? i don't think so, i think it will be another year of recession and you will find individual opportunities and the stock picker's market and far as it's a strong growth, they're not there yet. >> thanks so much for joining us. good to see you tonight. >> you heard piers morgan talk about it with larry last week. after school shooting massacre in scotland in 1996 great britain banned virtually all handguns, seized the
Search Results 0 to 15 of about 16

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